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0.00% 2.0¢ ibuynew group limited

Hi AbraThe value after consolidation will be identical to what...

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  1. brettsnz
    5 Posts.
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    18/10/18
    11:46
    Post #: 36170448


    Hi Abra


    The value after consolidation will be identical to what it was prior to it. If you had 10,000,000 after consolidation you would have had 500,000,000 before consolidation. 500mil x $0.002 = $1,000,000. If they were consolidated today you would end up with your 10mil shares x $0.10 = $1,000,000.

    IBN Price at posting: 0.2¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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